Erwin Plumbing Materials Company has a sales office that sells water pipes to construction companies. The sales office is a revenue center and prepares a monthly responsibility report. The partially completed responsibility report is provided.
The company uses management by exception to address flexible budget variances. On which product type would the company first focus?
A) 40 inch
B) 36 inch long
C) 36 inch short
D) 32 inch
C) 36 inch short
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Answer the following statements true (T) or false (F)
1. When using MBO, managers should meet about once a year, either informally or formally, to review progress on meeting objectives. 2. Every five years, the upper-level managers of ABC Technology meet to develop a new large-scale action plan that will set the direction for the company for the next five years. In that meeting the managers work on developing a strategy. 3. The upper-level managers of Deluxe Coffee are meeting to discuss the company's long-range goals and vision. Like any organization, Deluxe Coffee should adopt planning and strategic management for just two reasons: (1) to provide direction and momentum and (2) to encourage retention of high-value employees. 4. When Holiday Inn Express stated that the organization strives to "be the primary source of hospitality in the communities" it serves by providing its customers "the best possible experience and by being good neighbors," it is stating its code of ethics.
The pure selling approach in marketing is exclusively associated with tangible items.
Answer the following statement true (T) or false (F)
Which of the following can be found on the Income Statements of both a manufacturing and service organization?
A) gross margin B) operating income C) administrative expenses D) all these can be found on both.
Your claim message will be most effective if you make a reasonable and valid request, present a logical case with clear facts, and display some anger and emotion
Indicate whether the statement is true or false